Wednesday, November 29, 2006

Bridge Ratings, Updated Nov. 29th

For some reason, Bridge Ratings feels the need to fall back on Jacoby's report. I thought they were an independent research firm...!!!

The Bridge Ratings Consumer Trend Report: Satellite Radio Q4 Subscriber Trending
Updated Wednesday November 29, 2006

Stern a Non-Factor at Holiday Retail
This Week's Update:
The Thanksgiving weekend was good to many retail shopping sectors improving most above 5% sales improvement over2005 - especially electronic equipment such as big screen TV's, gaming consoles and digital cameras. Satellite radio was notamong those items that caught fire over the long holiday retail sales weekend.
By Bridge Ratings' estimates, retail sales of satellite radio systems were stronger this past weekend compared to earlier weeks this fall, but were down 31.5% from Thanksgiving weekend 2005. Though we anticipate retail improving comparatively over the next several weeks, year-over-year retail will likely fall very short of 2005's final results and we maintain our estimates that the sector will be off between 23 and 25% for fourth quarter sales this year. ...read more: here